General News

Overall confidence levels in the shipping industry have risen to their highest levels for fifteen months, according to the latest Shipping Confidence survey by Moore Stephens.

A number of Asian carriers have significantly trimmed their owned containership fleet over the last 15 months as they sought to reduce exposure to the fragile liner shipping markets.

French product tanker operator Socatra has ordered four 37,000 dwt tankers from Hyundai Mipo Dockyard and taken out options on four identical vessels.

Greek shipowner Alba Maritime Services will decide in the next two weeks whether to cancel construction of up to 12 ships it ordered from the troubled Pipavav Shipyard in India because of…

Wärtsilä reports sales success with its newly introduced Wärtsilä RT-flex82T low-speed engine.

Korea regained its top spot in the global shipbuilding industry beating China in terms of new orders in the January to February period.

The International Maritime Organization (IMO) officially accepted the proposal to designate waters off the North American coasts as an Emission Control Area (ECA), a move that will result in cleaner air for…